Boots bidding war hots up

A multibillion-pound battle for control of Alliance Boots broke out today as the health and beauty group’s directors accepted a £10.6bn bid – only to see it trumped by a rival consortium offering shareholders an extra £200m. The Alliance Boots board voted to recommend a formal £…

Siemens CEO gets firm grip on reins

Klaus Kleinfeld, the Siemens chief executive, will assume greater control over the future direction of Germany’s biggest technology group after the resignation of chairman Heinrich von Pierer late on Thursday over a corruption scandal, insiders and analysts said today. The youthful Mr Kleinfeld, …

Profits at Philips beat expectations

Strong demand for domestic appliances and energy-saving light bulbs helped drive first-quarter operating earnings at Philips, Europe’s largest consumer electronics group, above expectations to €292m (£200m).

Gas watchdog unifies field service applications under Siebel CRM

CORGI Group, the UK’s gas safety watchdog, is to install a Siebel Customer Relationship Management (CRM) system to help its field inspectors, track compliance and manage its membership. Working on behalf of the Health and Safety Executive, CORGI is hoping the solution will improve communications …

Remploy: ”recycling firms should focus on companies”

During a conference in London speaking social enterprise Remploy said that most domestic waste electrical and electronic equipment (WEEE) was not fit for re-use. Remploy claims that the business electronics is the biggest single opportunity for re-use was from industrial sources.

ServicePower Posts Wider Financial Year Pretax Loss

ServicePower Technologies PLC posted a wider full-year pretax loss due to contract delays and higher administrative expenses but said it expects its Software as a Service (SaaS) and Outsourcing businesses to trade profitably for the first quarter of 2007.

Britons spend £5.7bn on home appliances

Britons are spending more than £5.7 billion on household appliances every year, according to new research. Data from Halifax Credit Cards indicates the UK spent that figure in 2005 ““ a dramatic upturn from the £4.4 billion spent in 1995.